An Rs.20 lakh home loan, with an interest rate of 6.5% and a repayment tenure of 20 years will cost you a monthly EMI of Rs. 14,911.

Corporation Bank Home Loans Snapshot

Eligibility Criteria

Salaried and Self-Employed

Loan Tenure

Up to 30 years

Loan Amount

Based on your repayment capacity

Interest Rate

Starting at 6.50%

Processing Fees

0.50% of the loan amount up to a maximum of Rs.15,000 + GST

Prepayment Charges



What are the other eligibility criteria to get a home loan from Corporation Bank?

  • You should be at least 18 years old
  • Have a stable income
  • Repayment capacity determined based on existing debts and liabilities

What are the repayment options available for Corporation Bank home loans? 

Corporation Bank home loans are to be repaid in monthly EMIs that is auto-debited from your bank account. 

Is there a penalty if I pay off my Corporation Bank of India Bank Home Loan early?

No, pre-closure of your Corporation Bank Home Loan attracts no penalty.

Corporation Bank home loan is a great way to realize your dream of owning or constructing your home. They come with competitive interest rates and long repayment tenures for a comfortable repayment.